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M&A and Subsidiary Changes6897TWINBIRD CORPORATIONElectrical Equipment and Precision Instruments

Notice Regarding the Withdrawal of Japanet Holdings Co., Ltd.'s Proposal for a Tender Offer for Our Shares

TWINBIRD CORPORATION announced that it has become clear that 株式会社ジャパネットホールディングス has withdrawn its proposal for a tender offer, which had been presented as part of a series of transactions to make TWINBIRD CORPORATION a wholly owned subsidiary of 株式会社ジャパネットホールディングス.

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This transaction

This proposal (株式会社ジャパネットホールディングス' proposal for a tender offer for the Company's common shares)
Counterparty株式会社ジャパネットホールディングス
Disclosing companyTWINBIRD CORPORATION
TWINBIRD CORPORATIONSubject of this transaction
Date of board resolution31 August 2026
This transaction
ItemDetails
Transaction nameThis proposal (株式会社ジャパネットホールディングス' proposal for a tender offer for the Company's common shares)
Counterparty name株式会社ジャパネットホールディングス
Name of the Subject CompanyTWINBIRD CORPORATION
Date of board resolution31 August 2026
Items this document does not state (28)
Business Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

TWINBIRD CORPORATION states that the withdrawal of the proposal became clear based on the views announced by 株式会社ジャパネットホールディングス on 2 September 2026. The specific reasons leading to the withdrawal are not provided in the document.

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Notice Regarding the Withdrawal of Japanet Holdings Co., Ltd.'s Proposal for a Tender Offer for Our Shares | TWINBIRD CORPORATION (6897) timely disclosure | Komori